Bidding Cash Flow Liability Project Management 
Construction Business Owner
AUGUST 18, 2011
And that seemed to strike a chord with some of you, so I figured I’d talk more about government jobs, and what you need to be prepared to bid on them. Many State and Federal projects require a contractor to be bonded. government-funded projects), and the surety company. government-funded projects), and the surety company.
Construction Business Owner
JANUARY 12, 2012
” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Document Management. Reduce Bidding Costs. “How good do you want to be?”
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Construction Business Owner
OCTOBER 26, 2011
I know a lot of contractors are getting into bidding season, and this got me thinking about communication. Rarely does a finished project exactly mirror the original plans. If you’re a general contractor, you may send out an invitation to bid via email, fax, online notifications, etc. construction management. Management.
Construction Business Owner
JANUARY 5, 2012
Evaluate Bidding Strategy. There are fewer projects to bid and what projects are available are being bid by more people. Consequently, the bidding climate is very competitive with some work going to people bidding below cost. Project Team Communication & Effectiveness. It’s tough out there.
Autodesk Construction Cloud
JANUARY 19, 2022
Cash flow can make or break any business, especially in the construction industry. To successfully grow, construction firms need to effectively manage cash flow to procure materials, pay vendors and salaries, fund new projects, and finance other day-to-day business operations. Properly manage change orders.
Construction Business Owner
APRIL 26, 2012
Legal language is often unclear, resulting in differences in interpretations that can disrupt and delay projects, increasing costs. Also make sure your project managers understand the contract language fully. The profit you calculate when bidding a job can fluctuate dramatically as work progresses. document management.
Construction Business Owner
JANUARY 5, 2012
I started thinking about how business owners can better manage their companies, and so I created my own short list of New Year’s resolutions for better construction management. It’s often easy to bid on a job, start work, and miscalculate how far along in the project you are versus the amount of money you’ve spent.
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